GCJ11 – April Gold (Last:1314.90)

April Gold (GCJ11) price chart with targetsI drum-rolled a target for April Gold in today’s commentary, but without giving away the goodies to non-subscribers.  The Hidden Pivot I alluded to lies at 1291.90, and it looks like a high-probability bet to me, subject to a 1290.90 stop-loss.  It is my minimum downside objective, basis April, but as implied in the commentary, a decisive breach would portend more slippage to at least 1277.80, a target derived from the higher ‘A’ at 1394.70.